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FTX Trading Closes $900M Series B Funding

FTX Trading Ltd., an Antigua and Barbuda-based owner and operator of cryptocurrency exchange FTX.COM, closed a $900m Series B funding, which valued the company at $18 billion. Backers included Paradigm, Sequoia Capital, Thoma Bravo, SoftBank, Ribbit Capital, Insight Partners, Third Point, Lightspeed Venture Partners, Altimeter, BOND, NEA, Coinbase Ventures, Willoughby Capital, 40North, Senator Investment Group, Sino Global Capital, Multicoin, the Paul Tudor Jones family, Izzy Englander, Alan Howard, VanEck, Hudson River Trading, and Circle. The company intends to use the funds to to further enhance its offerings and make strategic investments designed to grow the business, expand the network of partnerships it has for its FTX Pay, FTX Liquidity program & FTX NFT business lines as it looks to expand its presence and drive further growth.

Batter Storage, Solar, Drone Business M&A Activity July 2021

Monday, July 19, 2021 Recent M&A Activity: June 3, 2021: New England Battery Storage was acquired by Agilitas Energy for an undisclosed amount. This acquisition marks Agilitas Energy’s expansion into battery energy storage operations, including participating in the ISO-New England day-ahead and real-time energy markets, operating reserve markets, frequency regulation market, and the forward capacity market. June 9, 2021: Future Home Power was acquired by Solar Integrated Roofing (PINX: SIRC) for an undisclosed amount. The acquisition is expected to act as a major growth driver for other Solar Integrated Roofing subsidiaries who can complete the on-site contracting work and capture the full lifecycle value of each customer.

CORRECTING and REPLACING Evolv Technology Publicly Listed on the NASDAQ Under Symbol EVLV

Press release content from Business Wire. The AP news staff was not involved in its creation. CORRECTING and REPLACING Evolv Technology Publicly Listed on the NASDAQ Under Symbol EVLV July 20, 2021 GMT WALTHAM, Mass. & NEW YORK (BUSINESS WIRE) Jul 19, 2021 In the 4th subhead bullet as well as in the 3rd sentence of the “About Evolv Technology” boilerplate the two mentions of Cascade Asset Management Company should now read Bill Gates. The updated release reads: NewHold Investment Corp. and Evolv Technology Complete Business Combination Evolv is the global leader in weapons detection security screening, dedicated to making the world a safer place to work, learn and play by helping to protect innocent people from mass shootings and terrorist attacks. Evolv has screened over 60 million people, second only to the TSA in screening people in the U.S.

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